We pride ourselves upon providing our employees with the best tools and compensation to achieve their personal and financial goals, and believe this [ownership and equity in all accounts for sales reps] is just another way we can do that for them.
Orem, Utah (PRWEB) November 14, 2013
NorthStar Alarm celebrated the most successful season in NorthStar’s 13-year history at the NorthStar Alarm end-of-year banquet earlier this month. The company, who entered a new $40 million financial partnership with Goldman Sachs and The Beekman Group, reported a record-breaking year for new sales and recurring monthly revenue generated. NorthStar’s industry leading sales average (102 accounts per rep) launched it well beyond $1 million of RMR. In addition to these company-wide accomplishments, NorthStar announced exciting changes coming in 2014, including a universal equity plan that will provide all sales reps with equity in their accounts; the only remaining security company to offer this type of financial luxury and benefit for sales reps.
“Our decision to offer more valuable equity in accounts for all sales reps came as a result of the success NorthStar has seen over the years because of our dedicated sales force,” said Jason Christensen, President of NorthStar Alarm Services. “Our mission is to provide our employees with the best tools and compensation to achieve their personal and financial goals, and believe this is just another way we can fulfill this mission.”
NorthStar was the first company in the industry to offer sales reps equity in the form of residual commissions, and reps who have previously sold for NorthStar are no strangers to the NorthStar residual program. For new talent joining the company in 2014, equity will be a whole new ball game. In addition to the new universal equity plan, NorthStar is launching a new Legacy Club awards program that recognizes sales reps who generate high volume, high quality business over many years with NorthStar. In 2013, the company was able to recognize Jay Dresser, who has sold over 2,500 accounts for the company, and Mike Visher, who has sold over 1,500 accounts, among others.
These new programs are being rolled out as part of the company vision to reach $5 million in RMR over the next 5 years.
“This is an exciting time of growth at NorthStar,” said Adam Bailey, Director of Sales at NorthStar Alarm. “Those who are familiar with this industry know that timing is everything, and it is clear that we have everything in place to provide the best opportunity for both our employees and our customers.”
Other key announcements for the 2014 sales season include continued focus on additional services (including home automation and video) and new improvements to their signature Polaris Selling App, IT infrastructure, sales rep training, and office space.
About NorthStar Alarm Services
NorthStar Alarm Services, LLC, an authorized dealer of Honeywell Security Products, provides elite home security systems that are the most advanced and user-friendly on the market. Having the equipment, relationships, and reputation that families have been able to count on since NorthStar was founded in 2000, NorthStar continues to grow and protect residents in more than 20 states across the U.S. With a 24-7 support staff, Rapid Response monitoring, well-trained technicians, and professional consultants— NorthStar Alarm exists to provide security and peace of mind through quality products and superior service.